How Long Does It Take to Get a LLC in SC?

Forming an LLC in South Carolina

  • It takes 1-2 days to form a LLC in South Carolina online.
  • Mail filings take 3-4 weeks for approval.

Domestic vs. Foreign LLCs

  • An LLC is referred to as a "domestic LLC" when it conducts business in the state where it was formed.
  • A foreign LLC must be formed when an existing LLC wishes to expand its business to another state.

Cost of Forming an LLC in South Carolina

  • The South Carolina Secretary of State charges a $110 fee to file the Articles of Organization.
  • You can reserve your LLC name for $25.

Taxation and Regulations

  • LLCs that have become inactive or have no income may still be mandated to file a federal income tax return.
  • LLCs in South Carolina are treated as pass-through entities, and there is no specific LLC tax rate.

Starting an LLC

  • To start an LLC in South Carolina: select a name, designate a registered agent, file Articles of Organization. The state charges $110 to file.
  • South Carolina requires filing annual reports for LLCs with a $25 fee.

Additional Information

  • You have to figure out what it takes to build a business in South Carolina and what can make you successful.
  • South Carolina is conducive to doing business and provides clarity on the type of business to be pursued.

Leave a Comment